Add-on Acquisition • Communications

Inabox Group Acquires Anittel Pty

On November 5, 2014, Inabox Group acquired communications company Anittel Pty for 10M AUD

Acquisition Context
  • This is Inabox Group’s 2nd transaction in the Communications sector.
  • This is Inabox Group’s 0th largest (disclosed) transaction.
  • This is Inabox Group’s 2nd transaction in Australia.

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M&A Deal Summary

Date November 5, 2014
Target Anittel Pty
Sector Communications
Buyer(s) Inabox Group
Deal Type Add-on Acquisition
Deal Value 10M AUD

Target Company

Anittel Pty

Sydney, Australia
Anittel Pty Ltd. is a provider of telecommunication solutions and managed information technology services.
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Buyer Overview 1

Buyer

Inabox Group

Sydney, Australia

Category Company
Founded 2003
Sector Information Technology
Revenue 88M AUD (2016)
DESCRIPTION

Inabox Group Ltd. is a provider of of IT and telecommunications products, services and support including, next generation NBN, Business Ethernet, IP voice services, fixed voice, mobile, connectivity, cloud, managed IT services, and hosted collaboration, Network as a Service (NaaS) and Infrastructure as a Service (IAAS) services. Inabox Group Ltd. was founded in 2003 and is based in Sydney, Australia.


Deal Context for Buyer #
Overall 2 of 4
Sector: Communications 2 of 2
Type: Add-on Acquisition 2 of 3
Country: Australia 2 of 4
Year: 2014 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-08 Neural Networks Data Services Pty.

Brisbane, Australia

Neural Networks Data Services Pty. Ltd. is a cloud and VoIP provider. Neural Networks Data Services Pty. Ltd. was established in 2007 and is headquartered in Brisbane, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-03 Hostworks Pty

Sydney, Australia

Hostworks Pty Ltd. is a provider of managed hosting and operations in public and hybrid clouds, digital consulting and application development.

Buy $7M